What is Next for Ethereum Layer 2 Engineering: Vitalik Buterin Sheds Gentle on Progress

The current achievements of the Optimism (OP) task have caught the focus of Vitalik Buterin, who is amazed with the development made by Layer 2 protocols on Ethereum.

Applause from Vitalik Buterin for Conquering Criticisms

OP Labs claimed that Ethereum’s L2 Optimism has productively built-in fault proofs into its good contracts. This exciting improvement marks the completion of the “Stage 1” decentralization milestone for Optimism. Vitalik Buterin in contrast Optimism’s development with a series of milestones and achievements established by the Ethereum co-founder.

With this implementation, buyers can now withdraw money independently devoid of the require for trusted 3rd functions.

Buterin praised Ethereum’s journey and celebrated Optimism’s achievement, expressing hope that more Layer 2 solutions will reach the “Phase 1” level quickly.

He even shared a meme titled “Ethereum: exactly where yesterday’s FUD is today’s solved troubles,” illustrating how Ethereum has addressed and triumph over issues in excess of time. The meme depicted six doors labeled “FUD,” with 5 doorways previously opened, symbolizing Ethereum’s successful navigation as a result of these road blocks.

The detailed FUD challenges involved doubts about Ethereum’s launch, the DAO fork, and the changeover to the Evidence-of-Stake algorithm. Ethereum overcame these issues, launching in 2015, forking after the DAO incident, and migrating to PoS in 2022 after comprehensive growth.

Buterin highlighted the network’s milestones, together with the implementation of low costs, to emphasize Ethereum’s progress.

Ethereum’s Journey in Beating FUD

A single door in the meme showcased 3 remaining FUD troubles relevant to cross-L2 UX, complete node storage demands, and MEV centralization. These troubles are but to be fully dealt with, indicating spots for further more advancement.

Buterin’s acknowledgement of Ethereum’s development above the final nine decades reflects the team’s determination to addressing the remaining FUD issues and pushing the network’s capabilities even more.

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